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What happens when a coin is suspended? How long does it take for binance to release from suspension? Especially from conversion.
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I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
Investing in alt coins I still feel risky because I have invested in many alt coins in the past without any success.But I think not everyone has the same trading skills.Those who have good trading skills can earn by investing in alt coins in a short period of time.
I invested when the market was not very good but now the market is going up again now maybe it is right to invest in alt coins.But if anyone wants to invest in safe and risk free I would tell them to invest in Bitcoin.Because if the price of Bitcoin falls a little, it recovers quickly, so there is no fear of loss.
No it's not, when they will shoot they shoot More than Bitcoin |
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Thanks for your reviews and response Your topic is not connected, and all the examples you mentioned are not related to Bitcoin or cannot be used in Bitcoin trading. I can understand them in the form of knowing more news or in relation to stock trading in general, but they are far from Bitcoin trading, and I can mention:
News and Information Sources:
- Bloomberg, Reuters: These platforms rarely mention Bitcoin analyses. It is true that they are a good source of news, but there are sources related only to Bitcoin.
Risk Management Tools:
- Stop-Loss and Take-Profit are not the only risk management tools and their use may lead to losses.
Algorithmic Trading Software:
- Algorithmic Trading Platforms: Trading bots are tools, but they need strategies to work
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Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
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The question has been simplified.
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Let's take a stroll down memory lane and reminisce about the early days of our crypto journeys. It's fascinating to see how far we've come since we first stepped into the world of cryptocurrencies.
The question today is how much was the price of Bitcoin when you started trading?
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I understand the caution you're advising for traders, especially newcomers. Trading indeed involves risks, and it's essential to have a solid understanding of market dynamics, technical and fundamental analysis. Your emphasis on starting with buy-and-hold strategies for beginners is wise, as it allows them to learn without the intensity of active trading.
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Essential Tools
In the ever-evolving landscape of trading, success often hinges on leveraging the right tools. These tools, ranging from fundamental analytics to cutting-edge technology, empower traders to make informed decisions and navigate the complexities of financial markets. Here, we delve into the essential instruments that have become synonymous with the trader's toolkit.
1. Technical Analysis Tools:
- Trendlines: Visual guides for identifying trends.
- Indicators:bRSI, MACD, and moving averages provide insights into market trends and momentum.
2. Fundamental Analysis Resources:
- Economic Calendars: Track key economic events influencing markets.
- Financial Statements: Analyze company health and performance.
3. Charting Platforms:
- TradingView, MetaTrader: User-friendly platforms for chart analysis and pattern recognition.
4. News and Information Sources:
- Bloomberg, Reuters: Real-time news for staying abreast of global events.
- Financial News Websites: Seeking Alpha, CNBC for market analysis and expert opinions.
5. Risk Management Tools:
- Stop-Loss and Take-Profit Orders: Manage risk and set profit targets.
- Position Sizing Calculators: Determine the appropriate size for trades based on risk tolerance.
6. Algorithmic Trading Software:
- Algorithmic Trading Platforms: Execute pre-programmed trading strategies for automation.
- Quantitative Analysis Tools: Utilize statistical models for data-driven decision-making.
7. Brokerage Platforms:
- Interactive Brokers, TD Ameritrade: Facilitate trade execution and provide access to various financial instruments.
8. Financial News Aggregators:
- Feedly, Flipboard: Customize news feeds for personalized market updates.
- Twitter: Follow financial experts and institutions for real-time insights.
9. Options Analysis Tools:
- OptionVue, PowerOptions: Analyze and strategize options trading.
10. Educational Resources:
- Online Courses, Webinars: Continuous learning on market trends, strategies, and analysis techniques.
- Financial Newsletters: Insights from seasoned traders for ongoing education.
In conclusion, the dynamic nature of financial markets demands a diverse set of tools to navigate successfully. Traders, armed with these essential instruments, can analyze, strategize, and adapt to the ever-changing conditions of the trading landscape. Whether a novice or a seasoned professional, the right tools of the trade empower traders to make informed decisions and stay ahead in the challenging world of finance.
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What possible reasons made Satoshi bow out from the crypto scene?
(....)
For me, something happened to him or something happened to all of his/her Bitcoin so that's why Satoshi Nakamoto can't prove his/her identity anymore. Another thing is maybe Satoshi Nakamoto is already dead because there were no transactions at all related to Satoshi Nakamoto's bitcoin wallet. Because for me, if you are really Satoshi Nakamoto, it is really difficult to be silent if you really have the evidence. You got a point how can someone do something this great and be silent? It's mysterious!! |
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Possibly protection to himself. He already knew that series of development and progress of btc will be a threat level to some business and government. If you are the founder then likely you are at risk to some of these people. Also theres an cia scene that could result to a more complicated results connecting him. For me its a good riddance for him to stay hidden and totally anonymous for his safety too. Though everyone are eagerly wanted to meet and know him.
But we haven't heard any form of harassments from any agency toward those that have contributed to the growth of cryptos by developing other crypto currencies. |
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(Meanwhile some secrete government reading my reply and laughing at this. It was us but we covered it up with Satoshi. Lolz  )  funny but it's possible, what a vague mystery. |
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What possible reasons made Satoshi bow out from the crypto scene?
Satoshi being an individual or a group is still uncertain whether he is a male or female none can tell. But at least there was a kind of communication with the public before Satoshi bowed out from the crypto scene, this action added to the identity controversy that was already existing. Now the question is what might have been the possible reasons for bowing out?
Some say i was for security reasons as Government might track him down as seen today how cryptos are being opposed.
What reason do you think might have really caused his action?
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In this post pandemic era, inflation became a common term in the countries all over the world. So what then is the term inflation? “Inflation is the mechanism for the decreasing value of a currency”. So when more money is printed than the economy needs the value of the currency reduces.
MERITS AND DEMERITS OF INFLATION
One may ask is inflation a good thing? The answer to this is “Yes” and “No” in one way and opposite. When there is hyper-inflation the price of goods and services sky rocket to the individual citizens, but on the other hand it boosts the economy. Countries that tends to have economic challenges tend to print more money to combat the economic challenges, in doing so her citizens had to face the face the pressure as the price of goods and services are increases. Making her citizens turn to cryptocurrencies to store their assets and preserve the value against high inflation and the rising cost.
INFLATION IN BITCOIN
The question now is does it mean that cryptocurrency free from inflation or will the price of cryptocurrencies just keep soaring high and high? In a brief explanation, same way the value of fiat currencies reduces when more money is printed, so it is with cryptocurrencies when it is mined and generated, the values of cryptocurrencies reduces. To control this, in every 4 years, the rate of cryptocurrency mining is reduced by halve. This mechanism is called halving. So bitcoin is not totally free from inflations but it’s controlled.
CONCLUSION
Bitcoin has been an escape from inflation but because of it’s versatile nature, investors get reluctant in investing in it, stable coins has been an alternative to the versatile nature of cryptocurrencies compared to the fiat currencies.
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I will say yes, if you know how to save and invest your money.
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I take a 40 - 60 minutes walk, seeing random things broaden ones thought.
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For crypto knowing when to invest is what matters most, and don't invest all your money in it
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As the market is volatile and very technical, does it take full time to become successful in trading? or can some trade part time and still make real profit from the market?
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Most newbies lose huge amount of money because, after learning the basics of trading they feel they know it all, they think they can manipulate through the market. But they end up losing big.
No matter what you are thought, you must know this that to be a successful trader, it takes practice and consistency.
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